Coal and Oil Group is a Rs. 2000 crores (US$ 500 million) Integrated Energy Company involved in various aspects of Energy supplies including Coal trading, Mining, Shipping, Logistics and Power Generation.
 
The promoters of Coal & Oil are the co-owners of the Rs 16,000 crore (US $ 4 billion) ETA-Ascon group, Buharia group and are in partnership with the Rs 5,000 crore (US $ 1.5 billion) Abdul Wahid Al Rostamani group of Dubai.
 
Coastal Energen Pvt Ltd (ENERGEN), the Power Generating Flagship Company of the Coal and Oil Group, is setting up a 1200 MW coal fired thermal power plant in the district of Tuticorin in the State of Tamil Nadu , India.
 
Our maiden power project in Tuticorin, Tamil Nadu, South India is a logical extension of our multi disciplinary capabilities building on our diverse strengths and leveraging our varied experiences in "Fuel Management" which gives Coastal Energen a distinct advantage as a low cost Power Producer.
 
Approximately 60% of the cost of power comprises of fuel cost. Our group is one of the top suppliers of imported coal to some of the leading private and public power producers in India like Tata, Reliance, Torrent Power, Gujarat Electricity Board, Maharashtra State Electricity Board, Calcutta Electric and others. With such experience under our belt and a top notch management team guiding the project, we are in a comfortable position to effectively manage the cost of fuel and finally the cost of power generated.